Chennai Petro
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India to Evaluate Gigantic Merger of 13 Oil Companies
Monday, 25th July 2016
India’s government has begun the process of evaluating the prospects of an ambitious plan that aims to merge 13 state oil firms to create a giant corporation that is expected to have a bigger market value than Russia’s state oil giant Rosneft and India’s Reliance Industries Ltd.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.34 | -1.81% |
Crude Oil (Brent) Brent | USD/bbl | 63.65 | -1.87% |
NYMEX Natural Gas | USD/MMBtu | 2.57 | -2.50% |
OPEC Basket Price | USD/bbl | 63.07 | -0.47% |
Last Modified April 5, 2021